Cypress Min. (CYP.V) Diamond Fields clone? Message Board

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Gold/Mining/Energy : Cypress Min. (CYP.V) Diamond Fields clone?

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To: 4TNiner who wrote (533)	4/19/1999 10:26:00 PM
From: Marek	Read Replies (1) of 595

4TNiner I did talk to Cypress IR today. Drilling program on Red Lake property was a big screw up by drilling company. They wasn't up to the task(5000meters hole) I was told they have another drillers under contract but drilling won't start before May15. First-new drill must be in place and this take some time. SVB is on hold again and meeting with TECK and Donner which should occur last week was postponed to middle of May. IR wasn't very optimistic about this play but Teck apparently still pressing to go back and all depends what kind of evidence they got. All data from last year drilling program is in company position right now and as they see it TECK must show something more to convince them to go back. Who knows maybe TECK known much more than Cypress at this time. Lac Rocher is on hold until NWI come up with next news release. They just playing waiting game right now but they are looking for some major player who can join them as JV partner after NWI come out with good news release. In conclusion all that come to this: If NWI release on Wednesday bad results...we are SCEW....badly. After Lac Rocher is no much place to manoeuvre. Just my opinion. Regards Marek

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